At the Chicago Mercantile Exchange, Chicago Mercantile Exchange live and feeder cattle futures were sharply higher ahead of the week’s widespread direct business. Feeders had additional support from the modestly lower move in corn. December live was up $1.57 at $148.57 and February was $1.12 higher at $151.87. November feeders were $3.32 higher at $176.20 and January was up $2.45 at $176.72.
It was a quiet start to the week for direct cash cattle trade on Tuesday.
Cattle futures start the week sharply higher, lean hogs mixed
